Press Release 2021
GAIL (India) Limited
GAIL and Ranchi Municipal Corporation sign agreement for setting up Compressed Biogas plant
Ranchi, March 18, 2021: GAIL (India) Limited and Ranchi Municipal Corporation (RMC) have signed a Concession Agreement (CA) for setting up Compressed Biogas (CBG) plant in Ranchi. The agreement was signed in the presence of Hon’ble Chief Minister of Jharkhand Shri Hemant Soren, Joint Secretary, Ministry of Petroleum & Natural Gas Shri Ashish Chatterjee, Director (Business Development), GAIL Shri M V Iyer and Executive Director (Business Development), Shri Santanu Roy by Ranchi Municipal Commissioner Shri Mukesh Kumar, IAS and Executive Director (Projects), GAIL Shri K B Singh.
As per the agreement, GAIL will setup CBG Plant for processing 150 Tons per Day of Organic Municipal Solid Waste (MSW). The CBG plant will produce 5 Tons of Compressed Biogas (CBG) per day and approximately 25 Tons of Fermented Bio Manure per day.
CBG plant would be beneficial for people of Ranchi by producing clean & green fuel and will be a step towards Aatmanirbhar Bharat.
GAIL (India) Limited is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. It owns and operates a network of 13,340 km of natural gas pipelines spread across the length and breadth of country. It is also working concurrently on execution of multiple pipeline projects to further enhance the spread. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share in City Gas Distribution. In the Liquefied Natural Gas (LNG) market, GAIL has significantly large portfolio. GAIL is also expanding its presence in renewable energy like Solar, Wind and Biofuel. For information about GAIL: www.gailonline.com